Tiger New Energy

Tiger New Energy operates in the electric vehicle (EV) sector, focusing on battery swapping technology for electric rickshaws. The company serves rickshaw drivers, fleet owners, and commuters, primarily in urban areas where electric rickshaws are prevalent. Its business model revolves around setting up battery swapping stations, allowing drivers to quickly exchange depleted batteries for fully charged ones, thereby minimizing downtime and maximizing operational efficiency. This service not only boosts the daily income of rickshaw drivers by reducing charging time but also supports fleet owners in scaling their operations more effectively. Tiger New Energy generates revenue through subscription fees for battery swapping services and partnerships with fleet operators. The company aims to revolutionize urban transportation by making it more sustainable and efficient.

Keywords: battery swapping, electric rickshaws, urban transportation, driver income, fleet management, operational efficiency, sustainable mobility, EV sector, subscription model, urban areas.